Galaxy Entertainment Group Limited (HKEX:0027) Annual Report 2021



The latest annual report of Galaxy Entertainment Group Limited (0027) was published on 31 Dec 2021. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - 0027 Annual Results

Amounts in HKD

Total Revenue
19.75B
Gross Profit
12.18B
EBIT
287.16M
Net Tangible Assets
68.27B
Net Income
1.33B
Capital Expenditures
-6.91B

0027 Income Statement 2021 Annual Report

As per the latest Income Statement of 0027, the Net revenue increased by $6.874262B (53%) compared to the previous period. The operating income in 2021 increased by $5.443716B (106%). The net income as per the annual report was 1.33B which increased by $5.299309B (133%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue19.75B12.88B
Gross Profit12.18B4.53B
Operating Income287.16M-5.16B
Income Before Tax1.52B-3.76B
Net Income1.33B-3.97B

Balance Sheet - 0027 2021 Annual Report

Read further: 0027 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Galaxy Entertainment Group Limited showed the company reduced the cash on balance sheet by $-1.300755B (-9%). The Net tangible assets of 0027 on the balance sheet were at 68.27B which is $1.205244B (2%) more than previous annual report. The total stockholder equity also increased by $1.000898B (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash13.61B14.91B
Total Assets85.24B 92.73B
Long Term Debt--
Total Liabilities16.17B 24.69B
Total Shareholder Equity68.42B67.42B
Net Tangible Assets68.27B67.07B

Cash Flow Statement - 0027 2021 Annual Report

The 2021 annual cash flow statement of Galaxy Entertainment Group Limited showed that the net income increased by $5.299309B (133%) compared to previous reporting period. Also the capital expenditure of 0027 decreased by $-1.135369B (-20%).

As of 2021, the total cash from investing activities was 4.58B and total cash from financing activities was -2.41B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income1.33B-3.97B
Capital Expenditures-6.91B-5.77B
Dividends Paid--
Total Cash From From Investing Activities4.58B9.5B
Total Cash From From Financing Activities-2.41B6.77B

Galaxy Entertainment Group Limited Annual Report History

Income Statement

Income Statement history of Galaxy Entertainment Group Limited (HKEX:0027)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Total Revenue19.75B12.88B51.9B55.21B
Cost Of Revenue7.57B8.35B9.62B8.64B
Gross Profit12.18B4.53B42.28B46.57B
Research Development----
Selling General Administrative516.38M301.5M862.41M90.16M
Non Recurring----
Other Operating Expenses9.11B6.57B26.19B30.69B
Total Operating Expenses19.46B18.03B40.13B42.65B
Operating Income287.16M-5.16B11.77B12.56B
Total Other Income Expense Net1.23B1.39B1.52B1.05B
Ebit287.16M-5.16B11.77B12.56B
Interest Expense-64.29M-34.08M-120.94M-135.97M
Income Before Tax1.52B-3.76B13.28B13.61B
Income Tax Expense88.69M150.63M155.96M43.48M
Minority Interest651.06M613.4M567.49M550.94M
Net Income From Continuing Ops1.43B-3.91B13.13B13.57B
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.33B-3.97B13.04B13.51B
Net Income Applicable To Common Shares1.33B-3.97B13.04B13.51B

Balance Sheet Statement

Balance Sheet Statement history of Galaxy Entertainment Group Limited (HKEX:0027)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash13.61B14.91B6.25B13.78B
Short Term Investments7.54B3B10.31B1.54B
Net Receivables1.78B1.81B2.23B1.92B
Inventory203.92M201.72M177.83M189.8M
Other Current Assets291.26M410.08M429.69M726.72M
Total Current Assets23.56B20.46B19.52B18.31B
Long Term Investments14.72B30.53B37.74B31.94B
Property Plant Equipment46.67B41.05B37.69B31.36B
Intangible Assets152.86M357.2M554.52M722.37M
Other Assets144.14M329.75M202.29M5.05B
Total Assets85.24B92.73B95.7B87.38B
Accounts Payable2.8B3.05B4.03B4.45B
Other Current Liab3.96B9.17B13.6B7.98B
Other Liab867.55M505.47M554.12M562.71M
Deferred Long Term Liab11.18M13.39M1.67M-
Minority Interest651.06M613.4M567.49M550.94M
Total Current Liabilities14.87B23.89B20.67B23.74B
Total Liab16.17B24.69B21.54B24.55B
Common Stock23.6B22.81B22.43B22.02B
Retained Earnings47.43B45.95B51.69B42.57B
Treasury Stock-2.6B-1.33B-539.37M-2.31B
Other Stockholder Equity-2.6B-1.33B-539.37M-2.31B
Total Stockholder Equity68.42B67.42B73.59B62.28B
Net Tangible Assets68.27B67.07B73.03B61.56B
Long Term Debt--8.93M27.39M

Cash Flow Statement

Cash Flow Statement history of Galaxy Entertainment Group Limited (HKEX:0027)

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Net Income1.33B-3.97B13.04B13.51B
Depreciation2.23B2.79B3.43B3.2B
Change To Netincome-842.17M-1.11B-1.44B-1.27B
Change To Account Receivables337.05M389.09M-271.94M162.03M
Change To Liabilities-6.62B-5.72B4.62B-1.92B
Change To Inventory-1.41M-23.88M11.96M-18.36M
Change To Operating Activities51.75M-10.89M23.86M5.63M
Total Cash From Operating Activities-3.49B-7.63B19.44B13.78B
Capital Expenditures-6.91B-5.77B-4.12B-3.01B
Investments9.64B6.28B-209.9M-10.62B
Other Cashflows From Investing Activities1.85B9.02B-10.53B2.37B
Total Cashflows From Investing Activities4.58B9.5B-14.88B-11.24B
Net Borrowings-2.88B8.59B-8.31B-863.75M
Other Cashflows From Financing Activities-78.28M-53.55M-62.8M-26.43M
Total Cash From Financing Activities-2.41B6.77B-12.09B-4.46B
Effect Of Exchange Rate11.78M19.85M-2.53M-8M
Change In Cash-1.3B8.66B-7.53B-1.92B
Repurchase Of Stock-19.03M-36.8M-39.59M-23.12M
Issuance Of Stock566.79M223.56M264.11M381.55M
Dividends Paid----